Who was Herbert Hoover?
Herbert Hoover (1874-1964), orphaned as a child in Iowa, studied geology at Stanford and became a wealthy mining engineer. During and after World War I he led famine relief in Belgium and Europe, and as secretary of commerce under Harding and Coolidge he promoted cooperation between business and government. Elected president in 1928 over Al Smith, he faced the stock market crash of 1929 and the Great Depression months later. He responded with voluntary agreements, public works, farm aid and the Reconstruction Finance Corporation, but opposed direct federal relief to individuals. He lost in a landslide to Franklin D. Roosevelt in 1932 and later led government reorganization commissions for Presidents Truman and Eisenhower.
Political views
Argued for the centrality of the individual in American life, a theme of his 1922 book American Individualism.
Source: millercenter.orgCreated the Federal Farm Board to promote cooperative marketing as an alternative to farm subsidies.
Source: millercenter.orgSigned the Smoot-Hawley Tariff of 1930, which raised rates on both agricultural and industrial products.
Source: millercenter.orgProposed the government-run Reconstruction Finance Corporation to provide credit to banks and businesses during the Depression.
Source: millercenter.orgAccepted only limited direct relief, signing a 1932 act that funded public works and gave relief money to state governments.
Source: millercenter.orgCalled in 1931 for a one-year moratorium on intergovernmental war debts.
Source: millercenter.orgPromised to reduce American political and military interference in Latin America and pursued naval disarmament.
Source: millercenter.org
Legacy
Hoover's reputation was shaped by the Depression, and for decades he was widely blamed for a timid and inadequate response, symbolized by the shantytowns called Hoovervilles. Historians now often describe him as more active than his image suggests, noting that his public works, the Reconstruction Finance Corporation and farm programs anticipated parts of the New Deal, while critics on the right argue that his tariff and interventions deepened the slump. Most economists and historians agree that the Smoot-Hawley Tariff did little to help. The Army's violent removal of the Bonus Army in 1932 damaged him further, as did the Mexican Repatriation. Admirers also emphasize his humanitarian relief work in Europe, which fed millions after World War I.
